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The Party of "No"

Technorati and Me

Technorati is indexing me again! They had to make a code change to fix
the problem with my blog getting stuck in their queue. Kudos to Eric M.
and the guys at
GetSatisfaction.com
where they have "community powered support for Technorati".

Well, they're "sorta, kinda" indexing me anyway. It's on a 24 hour tape
delay or something. So I never get picked up by Memeorandum because they
pull from Technorati and Technorati has stuff I posted yesterday
listed as my latest blog entry. And that's old news to Memeorandum.

Wankers.

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Hey, what's another 529 Americans put out of work by Lisa Jackson's
eco-fascists, right?

Mother Gaia is pleased as punch! Our wallets? No so much.

Meanwhile the green energy boondoggle continues to waste taxpayer dollars at
a record clip. Yup, yet another recipient of DOE subsidies has gone
bankrupt.

An Indiana-based energy-storage company, whose subsidiary received a $118.5
million stimulus grant from the Energy Department, filed for bankruptcy Thursday.

Ener1 is asking a federal bankruptcy court in New York to approve a plan to
restructure the company's debt and infuse $81 million in equity funding.

The Energy Department in 2009 approved a $118.5 million stimulus grant for
EnerDel, a subsidiary of the company that develops lithium-ion batteries used
in electric vehicles. The company has so far spent $55 million of the federal
funding.

I'm sure it's just a coincidence that all these taxpayer "investments" wind
up circling the drain. You know, if Dick Cheney had spent half this much
money on something useful that was made by Halliburton the lamentations
would still be reverberating across the front page of The New York Times.

Now people keep telling me that Obama "inherited" an economic crisis. Perhaps
he did. But it's been three years since he promised to fix things,
and every single action he's taken has made the problem worse.

Earlier this week, after Barry gave his State Of The Re-election speech,
Indiana Governor Mitch Daniels summed up the Obamanomics record in one
utterly damning chart.

Many business leaders say they are also being held back by policy-related
uncertainty, everything from the threat of new regulations and higher taxes to
the fear that political gridlock could hamper the government's ability to
respond to a new crisis. Recent economic research has given some weight to
those complaints. A study by a trio of academic economists found that policy
uncertainty has risen in recent years, and that periods of uncertainty have in
the past corresponded with rising unemployment and slowing growth.

Contrast Barry's sub-3% GDP growth numbers with the Reagan boom.

The first nine quarters of the Reagan Recovery, by contrast, looked like this:
5.1 percent, 9.3 percent, 8.1 percent, 8.5 percent, 8.0 percent, 7.1 percent,
3.9 percent, 3.3 percent, 3.8, percent, 3.4 percent. In fact, the Reagan Boom
went from the first quarter of 1983 until the second quarter of 1986 without
notching a sub-3 percent GDP quarter.

The only economic statistic Barry's keeping above 8% is the unemployment rate.
You'll recall that Porkulus was guaranteed to keep it under 8%. Paul
Krugman said so!

So of course when last year's GDP came in at
an anemic 1.7% it must somehow still be George Bush's fault. Because Obama
killed Bin Laden! So he's obviously the better president.

The Commerce Department says new-home sales fell last month to a seasonally
adjusted annual pace of 307,000. The pace is less than half the 700,000 that
economists say must be sold in a healthy economy.

Total sales last year were less than the 323,000 sold in 2010, making it the
worst year on records dating back to 1963.